How can the way I respond to financial issues affect my child?

Erik Fisher

Psychology

As a parent, you set stage for your children, and the manner in which you respond to financial issues models to them how to address emotion. It is easy to fall into panic mode, spend time talking about bills and pinching pennies, losing your temper with your kids, and feeling tense about everything from the lights being left on to their lunch money. All of the worry and panic in the world will not help you do your job better, and it will not bring the cost of gas down. Furthermore, the way you respond to these situations with your kids leaves lasting impressions on their still-developing minds.

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